If you’re getting divorced, you may need to decide what to do with a home that you and your spouse bought during your marriage. From a financial perspective, it may be the most valuable and important asset you own. From an emotional and sentimental perspective, you...
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Richmond Law Blog
Pay attention! That “boring” insurance letter is actually worth a lot
And while “insurance coverage” might not be the two most exciting words you’ll ever hear together in a sentence, it’s important to pay attention right now. Starting July 1, 2023, we’ll see a big, long-overdue change with the way Virginia enforces your underinsurance...
What does “contested divorce” mean?
Because of no-fault divorce laws, contested divorce does not mean that the outcome may result in the couple staying married. They’re not debating whether or not they should get divorced, nor is the judge determining if they will allow the couple to end their marriage....
What are the financial effects of a gray divorce?
"Gray divorce" refers to divorces occurring among long-married couples who are aged 50 or older. While gray divorces happen for all kinds of reasons, the one thing that they typically all have in common is complicated financial circumstances. In Virginia, marital...
Tips for effective communication when co-parenting
Communicating with a co-parent is an undertaking that is often far easier said than done. As a result, it can be helpful to keep specific tips in mind when cultivating healthy co-parenting communication. You’ll want to prioritize the well-being of your children in...
What should business owners know before filing for divorce?
Divorce is difficult, but it can be particularly hard for business owners. Apart from the usual divorce pressures, you also have to face the possibility of losing or sharing the business you sacrificed so much for with your soon-to-be ex. If your spouse directly or...
How can I protect my retirement investments in divorce?
Whether you’re still decades away from retirement when you divorce or it’s just around the corner, it’s crucial to protect the retirement savings you’ve worked so hard for. It can make all the difference between retiring on your terms and living a comfortable life and...
2 reasons to refer injured clients to a personal injury firm
Like most general practice attorneys, you want to be there for your clients any time they need help with a legal matter. You may have spent years developing a rapport with them and worry that an outside referral will harm that relationship. You may feel reasonably...
Can I afford to get divorced if I have a large amount of assets?
High-asset divorces don’t have to be long, expensive and messy or even combative. Two power couples who have divorced in recent years have demonstrated that. When Microsoft co-founder Bill Gates and his wife Melinda announced their divorce two years ago after more...
What is Med-Pay coverage for motorists in Virginia?
Every motorist in Virginia typically needs to carry liability coverage. In fact, lawmakers have recently implemented a program to gradually increase the amount of coverage required by drivers in the next few years to better cover the rising costs of medical care and...